$690,000
$750,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
1311 MEDARY AVE Philadelphia, PA 19141
6,800 SqFt
Key Details
Sold Price $690,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,800 sqft
Price per Sqft $101
Subdivision East Oak Lane
MLS Listing ID PAPH831832
Sold Date 07/07/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $6,236
Tax Year 2020
Lot Size 5,390 Sqft
Acres 0.12
Lot Dimensions 55.00 x 98.00
Property Description
Huge price reduction...LOOKING TO INVEST YOUR MONEY IN AN OPPORTUNITY ZONE? Here is a well maintained, stand alone, separately metered, fully occupied 7 unit apt bldg in the beautiful East Oak Ln section of Phila that happens to fall in an opportunity zone. This building was renovated about 10 years ago, but all hot water heaters except for one are about 6 months to a year old. All units are spacious with high ceilings, central air, ceiling fans, and huge bathrooms. Kitchens are fully loaded with plenty of cabinetry, ceramic tile, granite countertops, and clean stainless steel appliances with breakfast bars in most apts. There is also a coin operated laundry site along with storage units for each apt in the basement. It is steps away from Community College, NW division, 5 miles away from Temple and Lasalle Universities, and convenient transportation and shopping. What an opportunity!
Location
State PA
County Philadelphia
Area 19141 (19141)
Zoning RSA2
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881150639
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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